What has Trump been busy with in the past 24 hours?
1. Directly said "stock market will soar" - US President Trump: Stock market will rise significantly. Market surge brings amazing changes.
2. Pompeo attends Russia-Ukraine talks - US President Trump said on Tuesday that, given the Russia-Ukraine conflict, US Secretary of State Pompeo will represent him at the expected Russia-Ukraine peace talks in Istanbul on Thursday. Trump did not indicate further whether he would attend the meeting himself - the possibility of his attending in person is highly challenging due to the urgency in security and logistical planning.
3. Calls for Fed rate cut again - US President Trump posted on "Real Social" saying, there is no inflation, prices of gasoline, energy, groceries, and almost all other goods are falling! The Fed must lower interest rates like Europe and China. "Too late, Mr. Powell, why hesitate? This is unfair to the US that is preparing for prosperity. Let nature take its course, that will be a great thing!
4. Secures $600 billion investment commitment from Saudi Arabia - US President Trump received a $600 billion investment commitment from Saudi Arabia on Tuesday, signing agreements in Riyadh on energy, defense, mining, and other areas. According to a White House briefing, the US has agreed to sell nearly $142 billion in weapons to Saudi Arabia, calling it the "largest defense cooperation agreement in Washington's history".
5. Considering allowing UAE to purchase over 1 million Nvidia chips - Sources say the Trump administration is weighing a deal that would allow the UAE to import over 1 million advanced Nvidia chips. The deal would permit the UAE to import 500,000 cutting-edge Nvidia chips annually from now through 2027. One-fifth of the chips would be earmarked for Abu Dhabi's artificial intelligence company G42, with the rest allocated to US companies building data centers in Gulf nations.
6. Praises Saudi Arabia's diversified economy - US President Trump praised Saudi Arabia's diversified economy, moving away from dependency on oil. Trump stated that oil will always be a huge "monster" in Saudi Arabia. Returning to Saudi Arabia is an honor for me. Today we reaffirm our partnership and will take the next steps to advance our bilateral relationship.
7. Threatens to reduce Iran's oil exports to zero - US President Trump: Hope to reach agreement with Iran. But the condition is Iran must stop supporting terrorism and not possess nuclear weapons. But if Iran refuses the olive branch, we will have no choice but to exert maximum pressure; which will reduce Iran's oil exports to zero. Iran will not be a nuclear-armed nation.
8. Ends sanctions on Syria - Trump meets Syrian President. Trump urges Syrian President al-Assad to join the Abraham Accords.
9. Congress set to pass largest tax cut bill in history - US President Trump: Congress is set to pass the largest tax cut bill in history. The tax relief bill is "progressing smoothly" through Congress and will be the rocket that propels the US economy to new heights.
10. Terminates $450 million extra funding for Harvard University.
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